Tradeweb completes the first on-chain electronic brokered CD auction

GateNews

2025-12-15 13:51:10

Odaily Planet Daily News: Tradeweb Markets, an electronic trading platform operator supporting interest rates, credit, stocks, and currency markets, announced that it has completed the industry’s first fully electronic on-chain brokered certificate of deposit (CD) auction, with the trading parties being Gateway First Bank and InspereX. Data shows that as of October this year, the total amount of time deposits issued by global brokers is approximately $566 billion, with an estimated outstanding total of about $820 billion. The on-chain electronic brokered CD market has considerable potential. (Businesswire)

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